Here's why the US is terrified of one Chinese company controlling the world's 5G networks

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

The US has owned the internet — and it's scared China might go on to own the next-generation communications network.

to talk up Huawei's 5G business to a cavernous auditorium filled with telecoms executives and journalists.

Behind him, a slide appeared in his presentation with the statement:"Huawei has not and will never plant backdoors." There was even some muted laughter from the audience. When pressed by reporters, Strayer refused to say whether the US had proof that Huawei might have built backdoors into its telecommunications equipment.

Joseph Campbell, a director in the global investigations and compliance practice at Navigant Consulting and formerly assistant director of criminal investigations at the FBI, says the Huawei fight is a proxy for bigger US fears about China's ambition.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Huawei Claims U.S. Onslaught Is Because Their 5G Technology Prevents Widespread NSA SpyingIn a well-choreographed attack, Huawei has claimed that the reason for such intense U.S. lobbying against them is that they will prevent Washington's own digital collection activities and that the claims that the company works on behalf of the Chinese state are just a smokescreen. Yes! I've been saying this for months. No Secrets Allowed. So China will spy on Americans instead🤔
Source: Forbes - 🏆 394. / 53 Read more »

Trump is right that the US risks losing the 5G race, Huawei chairman saysPresident Trump is right that the US risks being left behind on 5G, Huawei's rotating chairman said on Sunday in Barcelona. shots fired We'll consider the source and move on...
Source: CNBC - 🏆 12. / 72 Read more »

FCC Chairman Says U.S. Has Early 5G LeadAmerica’s top telecommunications regulator said U.S. companies are the front-runners in the global race to build fifth-generation wireless networks If we could only use tech to stop having to drill holes ROFL 5G = Communist Authoritarian necessary tool.
Source: WSJ - 🏆 98. / 63 Read more »

Nokia CEO warns 5G implementation in Europe 'will be delayed'Nokia's boss suggested Europe's execution of 5G would lag behind peers like the U.S. and China.
Source: CNBC - 🏆 12. / 72 Read more »

Chinese stock markets soar on signs that the trade war with U.S. could be endingState media lauded the progress in trade talks as a “win-win.” America can defeat China because of China's products are fake Are these kinds of jack-boot intimidation tactics, at least as prevalent in the US as here, being taken into account in the trade negotiations? I wonder who has fun manipulating the stock market during his executive time? realDonaldTrump
Source: washingtonpost - 🏆 95. / 72 Read more »

U.S. delays tariff increase on Chinese goods - Reuters TVPresident Donald Trump says he will push back an increase in U.S. tariffs on Chinese goods thanks to 'productive' trade talks between the U.S. and China. He told a group of U.S. governors meeting at the White House to expect 'very big news' over the next couple of weeks. TV what tariff's? he'll fold like a cheap blanket. he'll give CHINA what ever they want. TV Ah! That time-tested Trump negotiating tactic: give up something, and get less than nothing in return! Brilliant! TV China 2 America 0. Defeat after defeat! Stop playing with us. Send us back our hauwei cfo now.
Source: Reuters - 🏆 2. / 97 Read more »

Chinese Stocks Jump After U.S. Postpones Tariff IncreaseMainland Chinese shares surged on signs of easing trade tensions with the U.S. and top-level support for the country’s financial sector. The new World Masters! So this trade war with China - which disrupted the entire global economy - has actually had little to do with deficits & much to do with giving American banks, insurance companies, stock brokers, Visa & Master Card access to China’s economy. Who’d have thought? America’s farmers?
Source: WSJ - 🏆 98. / 63 Read more »

Chinese stocks are outperforming the US, but watch out for 'structural issues,' expert warnsChinese stocks are in rally mode after President Trump announced plans to delay a proposed increase in tariffs. But two market watchers warn a pullback might be coming. Tariffs make the dollar stronger and more jobs in America
Source: CNBC - 🏆 12. / 72 Read more »

U.S. will formally abandon plans to raise tariffs on $200 billion of Chinese goods, Lighthizer saysU.S. Trade Representative Robert Lighthizer said that the trade deal he is negotiating with China would include a complicated enforcement mechanism that would involve regular consultations with Beijing and reserve the U.S. the right to assess tariffs for Chinese failure to carry out pledges. Has the TradeWar ended again? 🤣🤣🤣🤣 Trump will not be able to do it because he is going to prison.
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. will formally abandon plans to raise tariffs on $200 billion of Chinese goods, Lighthizer saysU.S. Trade Representative Robert Lighthizer said that the trade deal he is negotiating with China would include a complicated enforcement mechanism that would involve regular consultations with Beijing and reserve the U.S. the right to assess tariffs for Chinese failure to carry out pledges. MI_Investments Wtf weak hands Mr tariff man. MI_Investments Abandon or pause? So, Lighthizer is next to resign when Trump goes ahead with the tariffs?
Source: MarketWatch - 🏆 3. / 97 Read more »